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Before the withdrawal (in million dollars) After the withdrawal (in million dollars) Assets Liabilities/ Equity Assets Liabilities/ Equity Cash assets 20 Deposits 90 Cash assets

Before the withdrawal (in million dollars) After the withdrawal (in million dollars)
Assets Liabilities/ Equity Assets Liabilities/ Equity
Cash assets 20 Deposits 90 Cash assets 0 Deposits 60
Nonliquid assets 80 Equity 10 Nonliquid assets 65 Equity 5
100 100 65 65

Assuming no other changes to liabilities except for the withdrawal and a zero reserve requirement ratio, according to the balance sheet before and after withdrawal given above, ____________ of deposits was withdrawn. To meet that deposit withdrawal, the bank had to liquidate ____________ cash assets and ____________ of nonliquid assets at a fire sale price of ___________.

$30 million; $20 million; $15 million; $10 million

$15 million; $10 million; $5 million; $10 million

$30 million; $10 million; $15 million; $20 million

$15 million; $10 million; $10 million; $5 million

$30 million; $20 million; $15 million; $5 million

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